appointment of ceo ..., page-11

xoc....options not all available in 12 months...incentive is over a 5 year time frame.....re shares; he doesn't receive 1.3M shares...he receives ONE of the FOUR depending on where the 3 month vwap is at the anniversary date AND this is re-negotiated at every anniversary...currently there are 219M shares on the market[not 125M]....Best case scenario is if 3 month vwap at end of 12 months is >$1, 400K shares will be paid as a bonus and he can convert 1M options[and pay 18c to convert]...ie he acquires max 1.4M shares[0.6% approx of company stock]......HOPE HE DOES IT!.....GIDDYUP!....:o)